Regulatory Policy

Question 1

An economy that balances government intervention with free enterprise is known as a

Revolt · Accepted Answer

mixed market.

Question 2

private businessfinancial institutionregulatory agency

Revolt · Accepted Answer

regulatory agency

Question 3

only when necessaryon a regular basisas often as possible

Revolt · Accepted Answer

only when necessary

Question 4

What does the FCC regulate?FCC- Federal Communications Commission

Revolt · Accepted Answer

communications infrastructure

Question 5

How are government regulations established?

Revolt · Accepted Answer

Specialized executive agencies respond to a new policy by creating regulations.

Question 6

What happens if regulatory policies for a business are violated?

Revolt · Accepted Answer

Fines and sanctions are applied.

Question 7

What must businesses do in order to comply with financial regulations and laws?

Revolt · Accepted Answer

report their revenue and earnings to the government

Question 8

Which of these regulations is established at the federal level?

Revolt · Accepted Answer

the pay for minimum-wage employees

Question 9

Lillian was hurt at work when a slippery, wet floor wasn’t appropriately marked. Which regulatory agency should she turn to for help?

Revolt · Accepted Answer

OSHA- Occupational Safety and Health Administration

Question 10

Which agency is under the authority of the Department of Labor?

Revolt · Accepted Answer

OSHA- Occupational Safety and Health Administration

Regulatory Policy Answers